Costco, Teamsters Avert Strike with Tentative Contract Agreement
A tentative agreement has been reached between Costco and the Teamsters union, preventing a potential strike by 18,000 Costco workers across six states. The agreement, pending member ratification, comes after a vote authorizing a strike if a new contract wasn’t finalized by the previous contract’s expiration. The union sought a contract reflecting Costco’s substantial recent financial growth. Specific details of the tentative agreement are yet to be released.